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South Beverly Drive Portfolio 3 Properties Offered at $87,000,000 in Beverly Hills, CA
Investment Highlights
- 6-WAY SIGNALIZED CORNER
- DENSE RESIDENTIAL AREA & AFFLUENT DEMOGRAPHICS
- AREA AMENITIES
- BEVERLY HILLS LOCATION
- PURPLE LINE EXPANSION
- DEVELOPMENT OPPORTUNITY (2 SITES) - WILL BE DELIVERED RTI
Executive Summary
WESTMAC Commercial Brokerage Company is pleased to present the South Beverly Drive Portfolio, an exceptional entitled development opportunity totaling 68,499 SF of land at the highly visible, signalized intersection of W. Olympic Blvd. and S. Beverly Dr., less than one mile from the Golden Triangle at the gateway to Beverly Hills.
The portfolio includes three (3) entitled development sites with approvals for a combined 240 residential units - 192 market-rate and 48 affordable - along with 33,184 SF of ground-floor retail and ample subterranean parking. All development sites will be delivered RTI. The current improvements consist of two office buildings, a Pavilions supermarket, and two parking structures, located within the BHC3 and BHC-3T-2 zoning districts.
Properties can be purchased as one portfolio or individual sites.
The portfolio includes three (3) entitled development sites with approvals for a combined 240 residential units - 192 market-rate and 48 affordable - along with 33,184 SF of ground-floor retail and ample subterranean parking. All development sites will be delivered RTI. The current improvements consist of two office buildings, a Pavilions supermarket, and two parking structures, located within the BHC3 and BHC-3T-2 zoning districts.
Properties can be purchased as one portfolio or individual sites.
Property Facts
| Price | $87,000,000 | Number of Properties | 3 |
| Price / SF | $2,353 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 36,977 SF |
| Status | Active | Total Land Area | 1.57 AC |
| Price | $87,000,000 |
| Price / SF | $2,353 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 36,977 SF |
| Total Land Area | 1.57 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 333 S Beverly Dr, Beverly Hills, CA 90212 | Office | 11,452 SF | 1950 | - |
| 337 S Beverly Dr, Beverly Hills, CA 90212 | Office | 9,088 SF | 1946 | - |
|
Pavilions Beverly Hills
9467 W Olympic Blvd, Beverly Hills, CA 90212 |
Retail | 16,437 SF | 1959 | - |
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South Beverly Drive Portfolio
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